Pangaea Logistics Solns (NASDAQ:PANL) reported its Q4 earnings results on Wednesday, March 13, 2024 at 05:20 PM.
Here's what investors need to know about the announcement.
Earnings
Pangaea Logistics Solns missed estimated earnings by -53.0%, reporting an EPS of $0.16 versus an estimate of $0.34.
Revenue was up $3.95 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 8.0% increase in the share price the next day.
Here's a look at Pangaea Logistics Solns's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.17 | 0.06 | 0.29 |
| EPS Actual | 0.32 | 0.10 | 0.11 | 0.32 |
| Revenue Estimate | 124.54M | 120.99M | 100.04M | 157.20M |
| Revenue Actual | 135.62M | 118.08M | 113.70M | 127.92M |
To track all earnings releases for Pangaea Logistics Solns visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.